New York State Resident Credit

New York Tax Form 112r: New York State Resident Credit

Use the New York Tax Form Calculator New York Tax Form 112r: New York State Resident Credit as a stand alone tax form calculator to quickly calculate specific amounts for your 2019 New York state tax return. New York Tax Form 112r: New York State Resident Credit is also integrated into our comprehensive New York State Tax Calculator where you can complete and save your calculations for later use. Alternatively you can use one of our Combined Federal and New York State Tax Estimator to quickly calculate your salary, tax and take home pay in New York.

New York State Resident Credit

Submit this form with Form IT-201, IT-203, or IT-205. Failure to do so will delay any refund to which you may be entitled or, if you owe taxes, could result in late-filing penalties.

New York adjusted gross income (line 18 and add or subtract line 19; see instructions)

20

20

21

Capital gain portion of lump-sum distributions (see instr.)

21

21

22

Add lines 20 and 21

22

22

Part 2 – Computing your resident credit for taxes paid to another state, local government, or the District of Columbia

23

Enter the two-letter abbreviation of the other state, including the District of Columbia, where tax was paid (see instructions)Also enter the locality name, if applicable

23

24

Enter the amount of income tax imposed on this year’s return for the other state or local government (see instructions)

24

If the taxes were paid on a group (composite) return, then mark an X in the box

Enter the group’s EIN

25

New York State tax payable (see instructions)

25

26

Divide line 22, column B, by line 22, column A (round to the fourth decimal place; see instructions)

26

27

Multiply line 25 by line 26

27

28

Enter amount from line 24 or line 27, whichever is less (see instructions)

28

29

Total line 28 amounts from additional Form(s) IT-112-R and line 44 amounts from Form(s) IT-112-C, if any (see instructions)

29

30

Add lines 28 and 29

30

Part 3 – Application of Credit

31

Tax due before credits (see instructions)

31

32

Other credits that you applied before this credit (see instructions)

32

33

Subtract line 32 from line 31

33

34

Enter the amount from line 30 or line 33, whichever is less (see instructions)

34

Part 4 – Information from your return filed with the other state, local government, or the District of Columbia

You are not required to submit a copy of the return you filed with the other state or local government with Form IT-201, IT-203, or IT-205. Submitting a copy of the other return is optional. However, you may be required to furnish a copy of the other return at a later date. Whether or not you submit a copy of the other return, you must complete this section.

35

Enter the total amount of tax withheld for and/or amount of estimated tax payments made to the other state, local government, or the District of Columbia (see instructions)

35

36

Enter the amount of overpayment, if any, shown on the return you filed with the other state, local government, or the District of Columbia (see instructions)

36

37

Enter the balance due, if any, shown on the return you filed with the other state, local government, or the District of Columbia (see instructions)

37

Tip: use the New York Tax Calculator to edit your refundable and non-refundable tax credits including New York Tax Form 112r: New York State Resident Credit. Complete, Calculate, print and or save your tax calculation for later use.